Indian stock markets plunged on June 21st due to indications from US Federal Reserve Chairman Bernanke that the central bank may start tapering its stimulus measures. The Sensex fell 526 points (-2.74%) and the Nifty closed below its support level of 5700 at 5655 points (-2.86%). Various scrips such as IDFC, Sesa Goa, SAIL, and STER were mentioned as being at support levels with potential targets if bounced back from support. Open interest in Nifty futures rose 16.19% from the previous day, as markets reacted nervously to Bernanke's comments on tapering QE stimulus.

1. 21 JUNE 13
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2. S
s
INDEX VALUE CHANGE %
SENSEX 18719 -526 -2.74
NIFTY 5655 -166 -2.86
BANK NIFTY 11375 -477 -4.03
INDIA VIX 19.19 0.73 3.95
CATEGORY BUY SELL NET
FII 2283.48 4377.54 -2094.06
DII 2605.19 1272.69 1332.5
BIG BULLS ACTIVITY
MARKET GOSSIPS FOURTH UMPIRE
Markets opened gap down and
plunged further on account of US
Federal Reserve chairman Bernanke
on Wednesday indicated tapering of
stimulus measures in near-term.
Nifty future surpassed 5700 mark
and closed below it near to 5650. It
has closed around its strong support
from where chances of reversal are
there but below 5650 it will find
support near 5600. If it maintains
above 5710 then some strength will
be seen.
TREND: SIDEWAYS
SUPPORT : 5600 & 5555
RESISTANCE: 5710 & 5750
MARKET POSITIONS
Sensex tanks 526 as rupee rout
on Fedspeak rattles markets.
Guj NRE down 2% on decision
to scrap Andhra unit plan.
Essar Steel raises $1 bn
overseas to lower rupee debt.
Adani Power commissions third
660 MW unit of Maha plant.
NTPC scraps bond sale after
sell-off in government bonds.

3. SCRIPS @ SUPPORT TARGETS
B/S SL1 T1 T2 T3
IDFC S 136 137.10 135 134 133
SESAGOA S 139 140.10 138 137 136
SCRIPS @ SUPPORT TARGETS
B/S SL1 T1 T2 T3
SAIL S 53 53.55 52.50 52 51.50
STER S 80.80 81.65 80 79.20 78.40
SCRIPS CLOSE R2 R1 S1 S2
RELIANCE FUT 799.35 820 810 790 780
ONGC FUT 299.90 306 303 296 293
TATA STEEL FUT 272.40 278 275 269 266
SBI FUT 1995.60 2080 2040 1950 1900
INFY FUT 2370 2450 2410 2340 2300
NIL.
OPEN INTEREST 19-JUNE-13 20-JUNE-13 CHANGE IN OPEN
INTEREST
%
NIFTY 18534150 21534000 2999850 16.19
STOCK FUTURE
CASH
PIVOT TABLE
FUTURES & OPTIONS DATA
SCRIPS IN F&O BAN FOR TRADE
A STEP AHEAD

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